October 23, 2017 Copyright 2017 Acquire Industries Ltd. 1/23

Canadian corporation founded in 2016, holding a Certificate of Authorization (CofA) from Professional Engineers Ontario (PEO). Product Development Project Engineering October 23, 2017 Copyright 2017 Acquire Industries Ltd. 2/23

Our Mission & Vision Transform Canada s hybrid electronic supercluster as a leading international engineering firm offering products and services to clients in industries seeking alternative solutions to sensing, heating, lighting and power generation. October 23, 2017 Copyright 2017 Acquire Industries Ltd. 4/23

The first problem we re trying to solve Existing heating solutions used in construction and property management have faced the following challenges October 23, 2017 Copyright 2017 Acquire Industries Ltd. 5/23

Problems with Existing Solutions Trace Cables Pipes Heating Mats OPERATIONAL COST INSTALLATION COST PRICE REPAIRABILITY SERVICEABILITY SCALABILITY October 23, 2017 Copyright 2017 Acquire Industries Ltd. 6/23

COPPER TERMINATED BRUSH-PAINTED GRAPHITE HEATING ELEMENT Printed and flexible heating film

Woven and flexible heating mesh or scrim

HEAT ROLL Technology Acquire Industries is pioneering advances in planar flexible heat trace appliances manufactured roll-to-roll using printed ink or textile heating elements. Our proprietary modular design and assembly process supports customization across a wide variety of fixed or portable applications, typically as field-assembled devices kits. Underfloor Heating Ceiling Heating Snowmelt & De-icing October 23, 2017 Copyright 2017 Acquire Industries Ltd. 10/23

HEAT ROLL Advantages CUSTOM LENGTH Easily cut from rolls, since heating elements are parallel along the length CUSTOM TERMINATIONS Assembled at manufacturing stage, or on the field, with terminations chosen based on voltage, current and available electrical receptacle types CUSTOM SURFACE Choose a functional covering, including self-adhesive peel & stick features for certain applications SELF-REGULATING PTC heating elements provide higher efficiency and increased safety from overheating ELECTRICALLY PROTECTED Class I - Grounded appliance, connected to GFCI to prevent risk of shock to personnel from damage to the appliance in hazardous environments REPAIRABLE/SERVICEABLE Components may be removed or replaced, and terminations re-connected October 23, 2017 Copyright 2017 Acquire Industries Ltd. 11/23

HEAT ROLL System Integration Smart Buildings WiFi module Individual appliances or systems may be integrated as IoT devices with controllers and WiFi modules to measure and/or monitor temperature, moisture, ground faults, and energy consumption. OTHER COMPONENTS HEAT ROLL Fixed or portable In-line, or branch, GFCI Sensor Controllers October 23, 2017 Copyright 2017 Acquire Industries Ltd. 12/23

HEAT ROLL SX Series HEAT ROLL SX Series is a snowmelt & de-icing electrical heat trace appliance Product Specifications Printed electronic heating element Protective rubber covering 1/8 in. thick & 11, 24 or 48 in. wide 110 or 220VAC Grounded (Class I) -40 C to 10 C operating temperature Max 40W/sq. ft. (Peak consumption per ASHRAE guidelines) ~8W/sq. ft. (Steady-state consumption) October 23, 2017 Copyright 2017 Acquire Industries Ltd. 13/23

HEAT ROLL Target Markets RESIDENTIAL Steps & Walkways 2-track Driveways Roofs & Gutters Pipes & Vessels COMMERCIAL Steps & Walkways Parking Spots Garage Ramps Pipes & Vessels INDUSTRIAL Steps & Walkways Transport trailer tops Pipes & Vessels Other outdoor equipment October 23, 2017 Copyright 2017 Acquire Industries Ltd. 14/23

HEAT ROLL Use Case Example 600 sq. ft. driveway $500 yearly snow plowing expenses TRACE CABLE $3,700 cost* $300 yearly savings HEAT ROLL $2,800 cost $420 yearly savings OTHER MATS $8,800 cost $380 yearly savings RESIDENTIAL 2-track Driveway *Trace Cable system only (without pavement) for two (2) x 2 ft. x 50 ft. tracks October 23, 2017 Copyright 2017 Acquire Industries Ltd. 15/23

HEAT ROLL Use Case Example 3000 sq. ft. Walkway $8,500 yearly expenses in removal and salt HYDRONIC PIPE $50,000 cost* $6,000 yearly savings HEAT ROLL $42,000 cost $8,100 yearly savings OTHER MATS $90,000 cost $7,300 yearly savings COMMERCIAL Walkway *Hydronic system only (without pavement) October 23, 2017 Copyright 2017 Acquire Industries Ltd. 16/23

What s next? We re looking for 2-month test-sites Field evaluation and validation of HEAT ROLL for snowmelt and de-icing on driveways, walkways and roofs at test sites throughout Winter 2017/18 to demonstrate efficiency, durability and cost-savings. October 23, 2017 Copyright 2017 Acquire Industries Ltd. 17/23